HIH Insurance

What is a Scheme of Arrangement ?

A Scheme of Arrangement is a compromise or arrangement between
a company and its creditors (or any class or them), governed by
Section 411 of the Corporations Act 2001 in Australia or section 425
of the Companies Act in England.

All Scheme Creditors were required to submit a Final Claim Form for estimation on or before midnight British Summertime on the 2nd of September 2013. The Schemes are now closed.